VComply announced the close of a preemptive $6 million Series A in funding from Counterpart Ventures and Accel. The GRC industry is projected to exceed $60.8 billion by 2025. GRC operations are still a black box that are painful for businesses due to heavy integrations and steep learning curves. This pain point is particularly acute for the SMB and mid-market segments, an underserved category. The company most recently hired top tier talent in senior sales and operations roles in the US.
Source: https://www.helpnetsecurity.com/2021/01/14/vcomply-series-a/